Answered

Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

sohail earn Rs 1500000 in a year if all of this income is taxable how much income tax does he pay ? assume the income tax rate is 7%

Sagot :

kkozume27

Answer:

Rs 105 000

Step-by-step explanation:

1500000 × 7/100

=10500000/100

=105000

sreedevi102

Answer:

Tax amount = Rs 105000

Step-by-step explanation:

[tex]Tax \ amount = 7 \% \ of \ 1500000[/tex]

                   [tex]=\frac{7}{100} \times 1500000\\\\= 7 \times 15000\\\\= 105000[/tex]

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.